Austin, Texas-based Transcend Capital reports that a laptop stolen from their Dallas branch contained customers’ names, account numbers, and in some cases, Social Security numbers. By letter dated November 11, Transcend notified the New Hampshire Attorney General’s Office that an employee breached policy by not ensuring that his work laptop was encrypted or locked when…
Category: Financial Sector
IL: CEFCU warns of possible security breach (Update2)
Steve Tarter reports: The CEFCU credit union is contacting an unspecified number of its members about a possible security breach due to the theft of a laptop computer that contained some members’ names and account numbers. “We have to be careful. At this time, we have no evidence that any personal information on the laptop…
Fannie Mae notifies 1,100 of a security breach – but it’s a puzzlement
On October 28, Fannie Mae notified the New Hampshire Attorney General’s Office of a security incident involving personal information of over one thousand individuals. In their letter, they explain that in mid-October, they became aware that an employee may have been attempting to sell handwritten copies of the financial information of approximately 1,100 people. The…
(update) Federal Reserve Bank hacker gets 10 year sentence
Thom Weidlich reports: A Malaysian man who pleaded guilty to conducting a credit-card scheme and who was accused of hacking the Federal Reserve’s computers got a 10-year prison sentence. Lin Mun Poo, 32, was sentenced today by U.S. District Judge Dora L. Irizarry in Brooklyn, New York. In April, he pleaded guilty to illegally possessing…
Wells Fargo manager, Best Buy clerk charged with stealing identities of 9 people
Sergio Bichao reports: Two former employees of a Wells Fargo bank in Warren and a Best Buy in Union are facing charges of stealing the identities of nine people to open fake credit cards and ring up more than $29,000 in purchases. Tinaud Garcon, 21, of Union in Union County, and Thomas Alexis, 30, of…
SA: Banks to use Home Affairs fingerprint data
Sapa reports: Cape Town – The department of home affairs and the banking sector are collaborating on an online fingerprint verification model to curb identity-related fraud and corruption that is costing the economy millions of rands, cabinet spokesperson Jimmy Manyi said on Thursday. Speaking at the fortnightly post-cabinet briefing on Thursday, Manyi said: “This will…